BIDV, Vietcombank, VietinBank and
state-owned Agribank - Vietnam's largest banks by assets - will
join other lenders to extend a combined 50 trillion dong ($2.4
billion) to construction and property firms, according to the
lead lender, the Vietnam Construction Bank, the Vietnam Economic
Times newspaper reports.

The loans aim to boost demand and supply in the construction
industry by ensuring credibility among lenders, investors,
constructors and manufacturers, the report said.

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NOTE: Reuters has not verified this story and does not vouch
for its accuracy.
($1=21,090 dong)
(Hanoi Newsroom)